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2018 Minyanville Publishing and Multimedia, LLC. All Rights ReservedApple, Google Lay Waste to Their Enemies Last week we looked at Apple&rsquo;s (AAPL) ever expanding list of enemies following the iOS 6 release. New improvements and additions to the iPhone threaten to put a cramp on many third party developers. Well it looks Cupertino wasn&rsquo;t done making people mad. Along with Google (GOOG) Apple has now captured 80% of the global smart phone market. According to the Wall Street Journal between the first quarters of 2011 and 2012 Cupertino&rsquo;s share of the smartphone market jumped from 18.3% to 23%. Google&rsquo;s shot up even higher from 36.1% to 59%. And where did all this market share ...http://www.minyanville.com/mvpremium/2012/06/19/apple-google-lay-waste-to/
Tue, 19 Jun 2012 12:55:00 ESTA Dutch Airline Is Now Letting You Choose Your Seat Based on Fellow Passengers' Facebook ProfilesKLM Royal Dutch Airlines has come up with an interesting way to let you pick your seat on board its flights. USA Today reports that the carrier will allow passengers to see the social media profiles of those on board the flight when checking in online. If you&#39;re looking to network or meet new people during the journey then you can choose your seat location accordingly. Passengers are able to make the choice whether to link up their Facebook or LinkedIn profiles to their e-tickets. TNooz notes that KLM are not the first airline to utilize social media in this ...http://www.minyanville.com/mvpremium/2011/12/15/a-dutch-airline-is-now/
Thu, 15 Dec 2011 15:28:00 ESTStudents Protest Debt While These Companies Rake in MoneyLast week a group of students gathered at Zuccotti Park dressed in graduation robes and covered in chains to protest heavy college debts. Meanwhile according to Salon.com a Hunter College student burned his Sallie Mae loan bill in protest. While burning a bill may not have quite the symbolic significance of burning a draft card rumblings of a student debt revolt have been in the air for a little while. In perhaps the most blatant example the chain wearing Zuccotti students announced the formation of the Occupy Student Debt Campaign. One campaign organizer quoted by Fast Company believes that her ...http://www.minyanville.com/mvpremium/2011/11/30/students-protest-debt-while-these/
Wed, 30 Nov 2011 14:56:00 ESTSTUDY: Poor Families Can't Even Afford BankruptcyThere's really nothing more to say about a new study from Laura McCloud of Pacific Lutheran University and Rachel E. Dwyer of Ohio State than this (from a review by the American Sociological Association titled &quot;Too Poor to Go Broke&quot;):&quot;The authors claim that poor families are much less likely to seek debt relief through bankruptcy because they often cannot afford to pay the necessary legal fees.&quot;Read the rest (preferably with a double Jack Daniel's and a case of Bud at the ready) HERE. http://www.minyanville.com/mvpremium/2011/10/11/study-poor-families-cant-even/
Tue, 11 Oct 2011 15:45:00 ESTWhen Is a Tech Company Officially Dead?We've heard it all before. &quot;Yahoo is DEAD.&quot; &quot;Adobe is DEAD.&quot;&quot;Oh and Apple? Why not? DEAD.&quot;But what does it really mean? Is it mere hyperbole or is there a logic behind declaring a tech company dead when there's still an inkling of life in it?GigaOM's Om Malik gave the phrase some thought while discussing the matter with fellow analyst Pip Coburn author of The Change Function. Malik firmly entrenched in Silicon Valley and an excellent prognosticator of tech's future was quick to declare a major company as &quot;dead.&quot; Coburn was perplexed. How can a large company still showing some growth ...http://www.minyanville.com/mvpremium/when-is-a-tech-company/
Thu, 31 Mar 2011 13:25:00 ESTHealthcare Costs are Killing Zsa Zsa GaborAfter Zsa Zsa Gabor was hospitalized with a broken hip last summer she's had gangrene a lung infection and her right leg amputated.According to the Journal of the American Podiatric Medical Association a foot or leg amputation &quot;costs between $30 000 and $60 000 in initial hospital costs plus between $43 000 and $60 000 in costs for follow-up care over the next three years.&quot; While some studies show that show medical bills are a leading cause of personal bankruptcies others dispute the statistics. Whatever the actual numbers we all know that getting sick can kill you financially--and 94 year-old ...http://www.minyanville.com/mvpremium/healthcare-costs-are-killing-zsa/
Wed, 16 Feb 2011 11:44:00 ESTBankruptcy Now Trending Among Yahoo Search TermsSafely sandwiched between Eva Longoria and Jessica Simpson. Seems about right. I suspect there is a hidden correlation here. http://www.minyanville.com/mvpremium/bankruptcy-now-trending-among-yahoo/
Fri, 19 Nov 2010 10:01:00 ESTStricter Bankruptcy Laws Holding Back Economic RecoveryIt's one of the great ironies facing lawmakers: the bankruptcy reform that went into effect in 2005 is now holding back the recovery even as insolvent banks benefit from fast and loose bailout policies. Back in 2004 and 2005 banks lobbied hard for bankruptcy reform pressing lawmakers to enact a legislation that would make it much harder for individuals to qualify for Chapter 7 bankruptcy. Under Chapter 7 individuals are allowed to wipe out virtually all of their debt and start over.&nbsp; The reform pushed the majority of filers into Chapter 13 under which some debt is canceled some assets ...http://www.minyanville.com/mvpremium/stricter-bankruptcy-laws-holding-back/
Tue, 9 Nov 2010 08:54:00 ESTOpen Credit Card Accounts Plunge 23.2% From 2008 PeakToday the New York Federal Reserve released the quarterly report on household debt and credit. The report paints a nice picture of households continuing balance sheet repair and reducing overall debt loads. Some nuggets: Consumer credit is down 6.5% from the 2008 peak and down 1.5% from the first quarter. Overall excluding HELOC and mortgage balances consumer debt has fallen for six consecutive quarters. 272 million credit accounts were closed during the past year. Although the number of credit account inquiries ticked up for the first time since Q3 2007. For the first time since early 2006 total household delinquency ...http://www.minyanville.com/mvpremium/open-credit-card-accounts-plunge/
Tue, 17 Aug 2010 10:31:00 ESTFor Some States, the Budget Cuts Will Come EasyA lot of state and local governments started their fiscal years this month and for many U.S. states times are tough: in fact our proud states are suffering shortfalls totaling nearly $300 billion in 2010 and 2011. States will now have to deal with hundreds of billions more unfunded pension obligations to their workers. &nbsp;They&rsquo;re required to balance their budgets and they&rsquo;ll be forced to slash their spending and payrolls for the coming fiscal year. (HT: Yardeni Research) For some municipalities though the spending cuts should be pretty easy to spot. Take the California city of Bell (population of 38 ...http://www.minyanville.com/mvpremium/for-some-states-the-budget/
Fri, 23 Jul 2010 10:15:00 EST